Overview
- Property ID
- SV-0257
- Bedrooms1
- Bathrooms1
- Property Lot Size56 m2
Description
For sale is a cozy 55.91 square meter house with one bedroom, one bathroom, a living room, a kitchen, and a charming terrace. Located in a gated community with panoramic mountain views, this property offers a parking lot surrounded by green areas, perfect for family enjoyment. The house presents an excellent opportunity for expansion, with the possibility of building a second level that would include two additional bedrooms, two bathrooms, and a large roof terrace with a jacuzzi and BBQ area. This project can be completed with an approximate budget of $30,000, based on the experience of a neighbor who completed a similar construction, including furniture. The gated community provides security, common green areas, and a quiet environment, making this property an ideal option for those looking for comfort, growth possibilities, and a safe natural environment. With this option, you can turn this property into an elegant 3-bedroom townhouse, with 2 terraces, a BBQ area, and a jacuzzi, all for a total cost of less than $130,000. It is an irresistible opportunity for those seeking a combination of comfort, luxury, and excellent value in a safe and natural environment.
About Cosón
Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land.
Frequently asked questions
How much is 1-BR Townhouse in Cosón valley?
1-BR Townhouse in Cosón valley is priced at USD $92,000.
Where is 1-BR Townhouse in Cosón valley located?
The property is in Cosón, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Cosón is home to one of Las Terrenas' most pristine beaches — long white-sand stretches, swaying coconut groves and a curated mix of luxury villas, private gated communities and buildable beachfront land. See all listings and a full neighbourhood guide on our Cosón area page.
What rental return can I expect from this property?
The estimated gross ROI is 16.5%. Projected rental revenue is around USD $1,264 per month, with an estimated monthly profit of about USD $578. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $920 and transfer/title tax USD $2,760. Ongoing annual property tax (IPI) is roughly USD $0. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.
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